Attention all Importers!

There are 2 expected increases that will affect upcoming ocean import costs.

The first increase is the General Rate Increase (GRI) that will occur in May. The increase will affect the cost of goods coming to the United States from Asia. Depending on the carrier, the cost of a 20 foot container will raise to $300-400, and the cost of a 40 ft container will increase to around $600.

The second increase is the Peak Season Surcharge (PSS) which will go in to effect in June.